Chapter 117 Currency War 2
"Now everyone is bearish on silver, and with the influx of large amounts of compensation, I'm afraid the price of silver will be lower. If you are bullish, it is the opposite of the general trend, and we do not have enough capital to influence the Japanese market." When Count Laura said this, the originally sluggish momentum was revived! In this regard, she is an expert and cannot easily question her decision!
"Do you know how much the war in Japan cost?" Ruprecht asked back.
"Uh..." Neither Princess Mary nor the Earlhei could answer this question. How much does the Japanese cost in this war? I guess the Japanese don't know this? Even if there is an estimate, it is a top secret! How can ordinary people know it?
Ruprecht couldn't explain it clearly. There were n numbers in history. The Japanese government announced more than 200 million yen, while the Japanese people estimated that 233 million yen. If Japan's war fund reserves and temporary allocations were deposited in detail, it would be even more endless!
However, one thing Ruprecht can be sure of is that Japan spent more money this time than in history! Not to mention anything else, just to recover the Toyoshima incident, the Japanese government spent 2.5 million pounds on the bright side! Of which 1.5 million pounds were compensation for Germany, and 1 million pounds were to make up for the gap in naval combat power.
If the losses caused by the German fleet's transactions were taken into account and the military expenditure of the Japanese army in North Korea within a few months, then the cost would be even greater! After all, the cost of the army stationed abroad was the same as the flow of money. Because of Ruprecht, the Japanese stayed overseas for a few more months. It would not be an exaggeration to say that the entire incident cost Japan an extra 6 million pounds! How much is 6 million pounds? 50 million yen was out!
This is not the end. If this matter is gone, the Japanese government will continue to push the Qing army to death, then it will still make a lot of money. However, due to the relationship between the Blue Legion and the Mainz armored cruiser, Japan's military expenditure suddenly increased a lot! The Blue Legion and the Russian army restrained at least half of the Japanese army, which made the Japanese war progress in Liaodong slow. The Beiyang Fleet, which was joined by Mainz, collapsed the Japanese in blood before their death! They fought nearly half of the Japanese navy...
The Japanese are really poor this time. Although Ruprecht cannot have a definite estimate of how much Japanese military spends, there is a certificate to check how much Japanese war money reserved! It is only 160 million yen, and after such trouble, the loophole will be even bigger! When Roosevelt sent a message, the Japanese sent another war bond, the number reached about 100 million yen! The subscription of this bond was not good, and some Americans still have questions about the end of the war. Although the Qing Dynasty was vulnerable, if Russia and Germany strongly supported the Qing Dynasty, what is the difference between the Japanese winning or losing?
Moreover, news from the UK shows that the Japanese ordered two centurion-class battleships in the UK this time! Centurion! Second-class battleships. Although their performance is pretty good, in terms of tonnage, it is undoubtedly worse than the Japanese bought two first-class battleships at the beginning of the Sino-Japanese War of 1894-1895! The Japanese have no money! Otherwise, they would not have purchased two second-class battleships!
Ruprecht may not be very good at finance, but it is the arms market, so it is clear! If you do this yourself and you can make mistakes, it would be better to find a piece of tofu to kill you! According to Ruprecht's estimate, the Japanese government's pre-war reserves should have been completed now! Now they are borrowing money to fight!
"If the Japanese really only had a reserve of 160 million yen for war expenses, they would have already exceeded the expenditure now, about 30 million yen. Every month, Japan's foreign debt will increase by at least 15 million yen!" After comparing the various intelligence, as well as the battle consumption of the Russian Legion and the Blue Legion in the Northeast, Ruprecht's uncle and Prince Leopold gave Ruprecht a valuation!
"Damn, the Japanese are losing money! Now we haven't even handled the Liaodong Peninsula. If we defeated both Liaodong and Shandong Peninsula as in history, it would have to be delayed at least half a year! This famine will be reduced by about 120 million yen!" Ruprecht calculated it roughly and was happy!
In this case, in order to make up for the deficit, even if the Japanese obtain a large amount of silver from the Qing Dynasty, they must first exchange it for foreign currencies to repay the loan. The bonds issued by the Japanese in the UK and the United States are all British pounds and US dollars! You have to exchange silver for the country's currency before you can repay it! In this way, there will be errors in the estimate of silver in Japan. For example, if it was originally thought that 50 million taels of silver might flow in, but now it suddenly changed by 20 million taels, then there will be a price difference! If someone adds fuel to the fire, the impact will be even greater!
What's even more terrifying is that Ruprecht, who made the Japanese spend a lot of money in vain, did not intend to stop! Who is Ruprecht? It's the one who can't make money if you can't get it! Since the reduction in the inflow of silver in Japan will help you make money, then let it flow less! The so-called increase in revenue and reduce expenditure, Ruprecht has already caused the flow of Japanese capital to bleed, so it is inevitable to block the source again!
The Japanese still want to get 200 million taels of silver from the Treaty of Shimonoseki? They also want to get another 30 million taels of silver through the redemption of Liao fees? What are you thinking? Did the Japanese ask what the attitude of Russia, Germany and France? Do you know what they think? Regarding the future post-war situation, Russia and Germany have already thought about it. The Japanese cannot get too many benefits from the Qing Dynasty, otherwise, the rich Japanese merchants will definitely become enemies of Russia and Germany. If the Qing Dynasty is too weak, who will Germany's arms be sold to...
In history, when the Three Kingdoms intervened in Liao, Japan was the weakest time. The British were clearly neutral. The Three Kingdoms had 120,000 tons of warships in the Far East! Four iron-clad ships, the Japanese navy dared to jump? Tens of thousands of Russian troops began to deploy to the Far East. Did the Japanese navy compete with Russia after fighting the Beiyang? Isn’t that seeking death? The key to the Japanese being able to get the Liao redeem fee lies in the acquiescence of the Three Kingdoms. To put it bluntly, it doesn’t matter if Japan even vomits out Taiwan. It doesn’t matter if the compensation is cut half! The British will not guarantee the safety of the Japanese!
"The Japanese government cannot receive compensation of more than 150 million taels of silver! And it cannot obtain any territory from the Qing Dynasty." This is the condition that the representatives of Russia and Germany met in private. In return, tariffs on some German products were lower when entering Russia. Russia's food field could also allow German companies to intervene to a limited extent.
With such a consensus, Ruprecht has been very certain that Japan's war won is of very limited significance! Even economically, it will bear huge burdens due to the war! The Japanese are weak, and the British have to pay a greater price to use this piece. This is also of great significance to Germany and Ruprecht. There is also a Boer War later. Ruprecht is now preparing to bleed the UK!
Chapter completed!